Nursing Care Facilities Market: ZIP 04456
Opportunity Score
51
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 04456 is an urban area with low foot traffic. with a population of 3,012 and household incomes above the national median ($75,917).
Area Profile
3,012
Population
$75,917
Median Income
+2% vs. national
Urban
Area Type
5.2/20
Foot Traffic
Very Car-Dependent
Median Age: 39.6 —
mixed-age market, broad menu appeal.
College-Educated: 14.0% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,530
2BR Fair Market Rent
$1,240
Median Gross Rent
$240 K
Median Home Value
Tips for Starting a Elder Care Business in Maine
- State licensing for assisted living takes 6-12 months and involves facility inspections, staffing plans, and background checks. Start early.
- Staffing is your #1 cost and #1 challenge. CNA turnover runs 50-75% annually in most markets. Budget for constant recruiting.
- Medicare and Medicaid reimbursement rates vary by state. Some states pay well. Others don't cover costs. Know your state's rates before committing.
- Start small. A residential care home (6-8 beds) requires far less capital than a 50-bed facility and lets you prove your model.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
vs. National Average
Median Income
+2% vs. $74,580
Walkability
-5.3 pts vs. national avg
Nearby Markets
04419
5.3 mi
Pop: 2,901
$89,615
04450
5.5 mi
Pop: 1,306
$77,917
04427
7.2 mi
Pop: 2,942
$60,612
Walk: 6.0
04488
8.1 mi
Pop: 1,087
$76,563
Walk: 4.0
04401
10.3 mi
Pop: 44,418
$66,136
Walk: 8.2
04435
10.7 mi
Pop: 1,132
$76,875
04444
10.7 mi
Pop: 9,322
$102,922
Walk: 6.7
04449
10.9 mi
Pop: 1,144
$59,750
Check Another Market
Or estimate costs with the ElderCareCost calculator.
About This Data
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits